NEWS
Stocks Lack Sufficient Steam

U.S. stocks found some footing early in the session but failed to keep up the pace late in the day. The market needs a catalyst to turn around, with all eyes shifting to Nvidia earnings on Wednesday. In the meantime, investors will have to snack on results from Walmart, Lowe’s, and several popular Chinese stocks before the bell. 👀

Today's issue covers SMCI being saved by the bell, Boston Scientific’s breakout, and The Stocktwits Daily Rip’s new pre-market show premiere. 📰

Here’s the S&P 500 heatmap. 10 of 11 sectors closed green, with energy (+1.33%) leading and industrials (-0.14%) lagging.

And here are the closing prices: 

Most bullish/bearish symbols on Stocktwits at the close: 📈 $TUYA, $FATE, $SNSE, $NCNC, $AKTS 📉 $AMTM, $HOFV, $SAVE, $ME, $OTLK*

*If you’re a business and want to access this data via our API, email us.

COMPANY NEWS
$SMCI Saved By The Bell 🔔 

Friday after the bell, news broke that three independent broker-dealers had acquired a 5.3% stake in embattled semiconductor company Super Micro Computer. The company also said it was preparing to file a plan with the Nasdaq exchange to resolve its lack of financial disclosure and avoid delisting. 👍️ 

Today, the company added to its gains after hours on news it hired BDO as its new auditor and submitted its plan to Nasdaq detailing its efforts to regain compliance with the exchange requirements.

In addition to that news, Super Micro is now selling products featuring Nvidia’s next-generation AI chip, Blackwell, putting it in strong competition with Dell and Hewlett Packard Enterprise.

The combination of upbeat news helped drive prices higher and get traders talking about a potential short squeeze. Still, Stocktwits community sentiment remains in ‘bearish’ territory as uncertainty surrounds the underlying business. 🐻 

While we’re talking chip stocks, Nvidia shares came under pressure following reports of overheating issues with its Blackwell chips. If true, the product would require rack redesigns, causing customer delays and pressuring revenues.

All eyes will turn to Nvidia's earnings on Wednesday as investors seek more clarity about the company’s business momentum. Ahead of the results, cast your price prediction for a chance to win exclusive “Nvidia Day” merchandise. 🎯 

SPONSORED

This Stock is Our Top Momentum Trade - Up 220%

Bank of America forecasts gold reaching $3,000 by 2025, catapulting this under-the-radar stock into the spotlight. With smart money pouring into gold and insiders loading up, this hidden gem is just getting started.

Learn About This Winning Trade

Disclaimer: This advertisement is paid content created on behalf of Four Nines Gold Inc. It contains forward-looking statements, which are based on the current beliefs and expectations of Four Nines Gold's management team. These statements involve inherent risks, uncertainties, and other factors that may cause actual results or events to differ significantly from those anticipated. This is not financial advice; we encourage you to conduct your own due diligence. For more details, please refer to SEDAR+ or full disclaimer: https://shorturl.at/cvDsf

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.